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CSX (BSP:CSXC34) Cyclically Adjusted PB Ratio : 5.83 (As of Apr. 30, 2024)


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What is CSX Cyclically Adjusted PB Ratio?

As of today (2024-04-30), CSX's current share price is R$87.08. CSX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$14.93. CSX's Cyclically Adjusted PB Ratio for today is 5.83.

The historical rank and industry rank for CSX's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:CSXC34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 5.43   Max: 7.65
Current: 5.72

During the past years, CSX's highest Cyclically Adjusted PB Ratio was 7.65. The lowest was 2.51. And the median was 5.43.

BSP:CSXC34's Cyclically Adjusted PB Ratio is ranked worse than
92.05% of 692 companies
in the Transportation industry
Industry Median: 1.22 vs BSP:CSXC34: 5.72

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

CSX's adjusted book value per share data for the three months ended in Mar. 2024 was R$16.044. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$14.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSX Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CSX's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CSX Cyclically Adjusted PB Ratio Chart

CSX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 6.92 7.58 5.61 5.88

CSX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.28 5.90 5.23 5.88 6.24

Competitive Comparison of CSX's Cyclically Adjusted PB Ratio

For the Railroads subindustry, CSX's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CSX's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CSX's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CSX's Cyclically Adjusted PB Ratio falls into.



CSX Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

CSX's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=87.08/14.93
=5.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CSX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CSX's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.044/129.4194*129.4194
=16.044

Current CPI (Mar. 2024) = 129.4194.

CSX Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.057 100.560 5.221
201409 4.353 100.428 5.610
201412 4.950 99.070 6.466
201503 5.996 99.621 7.790
201506 6.096 100.684 7.836
201509 7.770 100.392 10.017
201512 7.802 99.792 10.118
201603 7.475 100.470 9.629
201606 7.004 101.688 8.914
201609 6.747 101.861 8.572
201612 7.035 101.863 8.938
201703 6.585 102.862 8.285
201706 6.968 103.349 8.726
201709 6.360 104.136 7.904
201712 9.074 104.011 11.291
201803 8.976 105.290 11.033
201806 10.252 106.317 12.480
201809 11.125 106.507 13.518
201812 9.940 105.998 12.136
201903 9.832 107.251 11.864
201906 9.883 108.070 11.835
201909 10.412 108.329 12.439
201912 10.485 108.420 12.516
202003 12.629 108.902 15.008
202006 13.733 108.767 16.341
202009 14.961 109.815 17.632
202012 14.723 109.897 17.338
202103 16.307 111.754 18.885
202106 14.973 114.631 16.905
202109 15.665 115.734 17.517
202112 17.322 117.630 19.058
202203 15.088 121.301 16.098
202206 15.477 125.017 16.022
202209 16.054 125.227 16.592
202212 16.014 125.222 16.551
202303 15.789 127.348 16.046
202306 14.842 128.729 14.922
202309 14.933 129.860 14.882
202312 15.172 129.419 15.172
202403 16.044 129.419 16.044

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


CSX  (BSP:CSXC34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


CSX Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of CSX's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CSX (BSP:CSXC34) Business Description

Industry
Traded in Other Exchanges
Address
500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.

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